Gabriel Resources Ltd. announces that it has granted an aggregate of 131,029 incentive stock options and 130,870 deferred share units to certain directors of the Company as non-cash directors' fees for Q4 2018 . All incentive stock options issued under the Director Grant are exercisable for a period of ten years at $0.34 per share and vest immediately from the date of grant. As of the date hereof, a total of 24,750,126 [...]
Gabriel Resources Ltd. announces that following confirmation on December 24,2018 of the initial closing of a non-brokered private placement of units of the Company at a price of $0.2475 per unit, it has granted an aggregate of 3,125,000 incentive stock options under the Company's stock option plan to certain officers, and employees of the Company and its subsidiaries . The Grant was determined by the Board in June 2018 [...]
Further to the news release of December 13, 2018, Gabriel Resources Ltd. is pleased to announce that it has completed an initial closing of the previously announced non-brokered private placement of up to 106,425,846 units of the Company at a price of $0.2475 per Unit for gross proceeds of up to US$20 million . Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each New Warrant [...]
Gabriel Resources Ltd. is pleased to announce that it has entered into definitive subscription agreements with certain existing securityholders in connection with a non-brokered private placement of up to 106,425,846 units of the Company at a price of $0.2475 per Unit for gross proceeds of up to US$20 million , subject to stock exchange and other approvals as applicable. Each Unit will consist of one common share of the [...]
Summary – Arbitration Developments Gabriel Resources Ltd. remains focused on the progression of its arbitration case against Romania to be determined under the rules of the International Centre for Settlement of Investment Disputes , part of the World Bank . On May 25, 2018, Romania supplemented its counter-memorial filed on February 22, 2018 by filing a further preliminary objection to the jurisdiction of the [...]
LONDON, ENGLAND / ACCESSWIRE / November5, 2018 / GabrielResources Ltd. announces that it has submitted itsReply and counter-memorial on jurisdiction in its arbitration againstRomania under the rules of the International Centre for Settlement ofInvestment Disputes part of the World Bank . The Reply, Gabriel'ssecond substantive written pleading in the ICSID Arbitration case, sets out a comprehensiverebuttal of the legal and [...]
London, England - Gabriel Resources Ltd. previously reported on July 11, 2018 the publication of the redacted memorial on the merits and quantum of its claim against Romania under the rules of the International Centre for Settlement of Investment Disputes part of the World Bank . That publication followed a process prescribed by certain procedural orders of the tribunal appointed to adjudicate the ICSID Arbitration , and [...]
London, England - Gabriel Resources Ltd. announces the appointment of Dragos Tanase as President and Chief Executive Officer of the Company effective August 8, 2018. Mr Tanase has been the Managing Director of Gabriel subsidiary Rosia Montana Gold Corporation SA for 10 years, a position in which he will continue to serve. Prior to RMGC, Mr Tanase was the Chief Financial Officer of a large telecommunications company, UPC [...]
London, England - Summary – Arbitration Developments Gabriel Resources Ltd. remains focused on the progression of its International Centre for Settlement of Investment Disputes , part of the World Bank, arbitration case against Romania . On April 5, 2018, the three-person tribunal selected to hear and determine the ICSID Arbitration was reconstituted following the appointment of Professor Tercier as the presiding [...]
London, England - Gabriel Resources Ltd. previously reported on June 30, 2017 the filing of its memorial on the merits and quantum of its claim against Romania under the rules of the International Centre for Settlement of Investment Disputes part of the World Bank . Following a process prescribed by certain procedural orders of the tribunal appointed to adjudicate the ICSID Arbitration , and taking into account the [...]
London, England - Gabriel Resources Ltd. announces that Jonathan Henry has resigned from his position as President, Chief Executive Officer and as a Director of Gabriel to pursue other opportunities with immediate effect. Mr. Henry will continue to act as a consultant to the Company, available to assist the Company in connection with the Company’s arbitration claim against Romania. Keith Hulley, the Non-Executive [...]
London, England - Gabriel Resources Ltd. announces that all resolutions were passed at its annual and special meeting held in Vancouver, British Columbia, earlier today. All of the matters submitted to shareholders for approval as set out in the Company’s notice of meeting and management information circular dated May 10, 2018 were approved by the requisite majority of votes cast at the Meeting, including [...]
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